Governments and Monopoly

Not many people (heck, nobody) know that I did a year of Economics as my Masters. I am not sure even my professors knew I did the course. It started out as a two year thingy, which I cut short to a year and few months, for I believed I got what I wanted, and only exams were to be attended.

That introduction is to ease you folks slowly into the main part of this post. One of the things we learn in Economics is that Monopoly is inefficient. A monopoly exists by artificially increasing demand, increasing prices, and forcing competition out. And Governments, as we know them today, is the best example of such a monopoly.

This is one of the reason why I am a libertarian with strong Anarcho Capitalist tendencies. I believe that we have absolutely no choice in the way we are being “governed”. Whatever little we have in the form of the universal adult franchise is taken away by the goons who stand for the elections. Each is as bad as the other, and the only choice left is to not have any.
The monopoly we call government needs to come down. Or more governments, and more forms of such governments be at force at the same time. In essence, a free-market system of government. Why can’t I treat parties/alliances like FMCG companies that give me different products? I could buy the BJP’s infrastructure product, the UPA’s Budget reforms, The left’s, hmmm, well, whatever, you get the point.

In short, I would have no government, rather, a bunch of parties doing different tasks at any given time. As I see it, there is absolutely no role for a traditional government in India anymore, save defence. We already have private entities doing many things that were originally the government’s – policing for instance.

(Disclaimer: This post is entirely a figment of my thoughts, and any resemblance to other posts, current or archived, is purely coincidental)

(Disclaimer 2: This post was ideated on my way back from Mumbai, on the rather long train journey. It has been reproduced verbatim from my thoughts. I have not bothered to structure it in any logical way. Nor have I bothered to see if somebody else on blogosphere or elsewhere share similar thoughts. I know there are many fools on this earth, me being one of them, and by nature we seldom differ. This disclaimer is to indemnify myself against future IP suits.)

Posted by Chandrachoodan Gopalakrishnan on June 3rd, 2005 | Filed in Opinion |


2 Responses to “Governments and Monopoly”

  1. Aman Says:

    A bunch of parties treated as FMCG Companies and doing different tasks at any given time. Wow, what a truly innovative idea ! Wish I live that long to see the day this happens.

    Oh Yes, finally the term ‘Government Servant’ will adopt its full meaning.

  2. sLaSh Says:

    hey.,.
    this idea rocks… to read more abt objectivism.. free market.. capitalism.. read Ayn Rand’s Atlas Shrugged… thats a fiction

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